SPDR Gold Trust Files 8-K with Financials
Ticker: GLD · Form: 8-K · Filed: May 29, 2024 · CIK: 1222333
Sentiment: neutral
Topics: financial-statements, exhibits, trust-filing
TL;DR
SPDR Gold Trust filed an 8-K with updated financials, no major news.
AI Summary
On May 28, 2024, SPDR Gold Trust filed an 8-K report detailing financial statements and exhibits. The filing does not disclose specific dollar amounts or new material events but serves as a routine update for the trust, which is sponsored by World Gold Trust Services, LLC.
Why It Matters
This filing provides investors with updated financial information and exhibits for the SPDR Gold Trust, a significant vehicle for gold investment.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report for financial statements and exhibits, not indicating any new risks or material changes.
Key Players & Entities
- SPDR Gold Trust (company) — Registrant
- World Gold Trust Services, LLC (company) — Sponsor
- May 28, 2024 (date) — Date of earliest event reported
FAQ
What is the primary purpose of this 8-K filing for SPDR Gold Trust?
The primary purpose of this 8-K filing is to report financial statements and exhibits as of May 28, 2024.
Who is the sponsor of the SPDR Gold Trust?
The SPDR Gold Trust is sponsored by World Gold Trust Services, LLC.
What is the SEC file number for SPDR Gold Trust?
The SEC file number for SPDR Gold Trust is 001-32356.
What is the principal executive office address for SPDR Gold Trust?
The principal executive office address is c/o World Gold Trust Services, LLC, 685 Third Avenue, Suite 2702, New York, New York 10017.
Does this filing report any new material events for SPDR Gold Trust?
This filing primarily reports financial statements and exhibits and does not explicitly mention any new material events beyond these disclosures.
Filing Stats: 854 words · 3 min read · ~3 pages · Grade level 11 · Accepted 2024-05-29 14:46:50
Filing Documents
- gld20240417_8k.htm (8-K) — 42KB
- ex_669868.htm (EX-4.110) — 23KB
- ex_669869.htm (EX-4.2) — 333KB
- ex_669870.htm (EX-4.27) — 489KB
- ex_669871.htm (EX-10.1) — 174KB
- ex_669872.htm (EX-10.2) — 152KB
- 0001437749-24-018579.txt ( ) — 1553KB
- gld-20240528.xsd (EX-101.SCH) — 3KB
- gld-20240528_def.xml (EX-101.DEF) — 11KB
- gld-20240528_lab.xml (EX-101.LAB) — 15KB
- gld-20240528_pre.xml (EX-101.PRE) — 11KB
- gld20240417_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On February 15, 2023, the Securities and Exchange Commission adopted rule changes to shorten the standard settlement cycle for most broker-dealer transactions in securities from two business days after the trade date (T+2) to one business day after the trade date (T+1) which will go into effect on May 28, 2024. Effective May 28, 2024, the following agreements were amended to reflect the shortened settlement cycle for the creation and redemption procedures of SPDR Gold Trust (the "Trust"): (i) the Trust Indenture between World Gold Trust Services, LLC, as the sponsor of the Trust (the "Sponsor"), and The Bank of New York Mellon, as the trustee of the Trust (the "Trustee"), dated November 12, 2004, as amended from time to time (the "Trust Indenture") (ii) the Fourth Amended and Restated Allocated Bullion Account Agreement between HSBC Bank plc ("HSBC") and the Trustee, dated February 28, 2023 (the "HSBC Allocated Account Agreement"), (iii) the Second Amended and Restated Unallocated Bullion Account Agreement between HSBC and the Trustee, dated July 17, 2015, as amended on February 28, 2023 (the "HSBC Unallocated Account Agreement") and (ii) the Participant Agreements between the Sponsor, the Trustee and the authorized participants party thereto from time to time. The foregoing description of the amendments to the Trust Indenture, the HSBC Allocated Account Agreement, the HSBC Unallocated Account Agreement and the Participant Agreements does not purport to be complete and is qualified in its entirety by reference to Amendment No. 10 to the Trust Indenture, the Fifth Amended and Restated Allocated Bullion Account Agreement, the Third Amended and Restated Unallocated Bullion Account Agreement, and Amendment No. 7 to the Participant Agreements filed respectively as Exhibits 4.1.10, 10.1, 10.2 and 4.2.7 hereto and are incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 4.1.10 Amendment No. 10 to Trust Indenture dated May 28, 2024 between World Gold Trust Services, LLC and The Bank of New York Mellon. 4.2 Form of Participant Agreement 4.2.7 Amendment No. 7 to Participant Agreements dated May 15, 2024, between World Gold Trust Services, LLC, The Bank of New York Mellon and the authorized participants named therein. 10.1 Fifth Amended and Restated Allocated Bullion Account Agreement dated May 28, 2024 between HSBC Bank plc and The Bank of New York Mellon 10.2 Third Amended and Restated Unallocated Bullion Account Agreement dated May 28, 2024 between HSBC Bank plc and The Bank of New York Mellon 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: May 29, 2024 SPDR GOLD TRUST (Registrant) * By: World Gold Trust Services, LLC as the Sponsor of the Registrant By: /s/ Joseph R. Cavatoni Name: Joseph R. Cavatoni Title: Principal Executive Officer * As the Registrant is a trust, this report is being filed on behalf of the Registrant by World Gold Trust Services, LLC, only in its capacity as the sponsor of the Registrant. The identified person signing this report is signing in his capacity as an authorized officer of World Gold Trust Services, LLC.